Great War Co: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Great War Co
Largest movements
- Cash -€13,672
down €13,672 (-32.1%), from €42,652 to €28,980
mainly Tax, wage and social debts (-€6,791) and Investment in fixed assets (net) (-€3,948)
- Receivables within one year -€5,908
down €5,908 (-64.1%), from €9,220 to €3,312
of which Trade receivables: -€6,420
- Tangible fixed assets +€3,833
new in 2025: €3,833
- Stocks and contracts +€1,356
up €1,356 (+45.2%), from €3,000 to €4,356
- Tax, wage and social debts -€6,791
down €6,791 (-77.9%), from €8,717 to €1,926
- Trade debts -€2,981
down €2,981 (-94.2%), from €3,163 to €182
- Advances received -€2,416
down €2,416 (-28.9%), from €8,350 to €5,934
- Other debts -€1,778
down €1,778 (-29.2%), from €6,083 to €4,304
- Gross operating margin -€33,742
down €33,742 (-96.6%), from €34,940 to €1,198
- Taxes -€6,188
down €6,188 (-84.3%), from €7,341 to €1,153
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,472 | €40,917 | -€14,556 | -26.2% |
| Fixed assets | 21/28 | €1 | €3,834 | +€3,833 | +403513.7% |
| Intangible fixed assets | 21 | €1 | €1 | -€0 | -10.5% |
| Tangible fixed assets | 22/27 | - | €3,833 | +€3,833 | |
| Furniture and vehicles | 24 | - | €3,833 | +€3,833 | |
| Current assets | 29/58 | €55,472 | €37,082 | -€18,389 | -33.2% |
| Stocks and contracts in progress | 3 | €3,000 | €4,356 | +€1,356 | +45.2% |
| Stocks | 30/36 | €3,000 | €4,356 | +€1,356 | +45.2% |
| Amounts receivable within one year | 40/41 | €9,220 | €3,312 | -€5,908 | -64.1% |
| Trade receivables | 40 | €8,723 | €2,303 | -€6,420 | -73.6% |
| Other amounts receivable | 41 | €497 | €1,009 | +€512 | +103.0% |
| Cash at bank and in hand | 54/58 | €42,652 | €28,980 | -€13,672 | -32.1% |
| Deferred charges and accrued income | 490/1 | €600 | €434 | -€165 | -27.5% |
| Total equity and liabilities | 10/49 | €55,472 | €40,917 | -€14,556 | -26.2% |
| Equity | 10/15 | €28,760 | €28,570 | -€190 | -0.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €27,760 | €27,570 | -€190 | -0.7% |
| Distributable reserves | 133 | €27,760 | €27,570 | -€190 | -0.7% |
| Amounts payable | 17/49 | €26,713 | €12,347 | -€14,366 | -53.8% |
| Amounts payable within one year | 42/48 | €26,313 | €12,347 | -€13,966 | -53.1% |
| Trade debts | 44 | €3,163 | €182 | -€2,981 | -94.2% |
| Suppliers | 440/4 | €3,163 | €182 | -€2,981 | -94.2% |
| Advances received on contracts in progress | 46 | €8,350 | €5,934 | -€2,416 | -28.9% |
| Taxes, remuneration and social security | 45 | €8,717 | €1,926 | -€6,791 | -77.9% |
| Taxes | 450/3 | €8,717 | €1,926 | -€6,791 | -77.9% |
| Other amounts payable | 47/48 | €6,083 | €4,304 | -€1,778 | -29.2% |
| Accrued charges and deferred income | 492/3 | €400 | €0 | -€400 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €115 | +€115 | +229420.0% |
| Other operating charges | 640/8 | €115 | €189 | +€74 | +64.4% |
| Gross operating margin | 9900 | €34,940 | €1,198 | -€33,742 | -96.6% |
| Operating profit (loss) | 9901 | €34,825 | €894 | -€33,931 | -97.4% |
| Financial income | 75/76B | €420 | €174 | -€246 | -58.5% |
| Recurring financial income | 75 | €420 | €174 | -€246 | -58.5% |
| Financial charges | 65/66B | €143 | €104 | -€39 | -27.1% |
| Recurring financial charges | 65 | €143 | €104 | -€39 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €35,101 | €964 | -€34,138 | -97.3% |
| Income taxes | 67/77 | €7,341 | €1,153 | -€6,188 | -84.3% |
| Profit (loss) for the period | 9904 | €27,760 | -€190 | -€27,949 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,760 | -€190 | -€27,949 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.